6.5 Discount and Mark Up
Word Problems
Remember:
Name________________________
percent of change amount of change

100
original
new price  original  discount amount
new price  original  markup amount
Answer each question in a sentence.
1) A basketball backboard set that sold for $79 is discounted 15%. What is the new price after
the discount?
2) A jacket that sold for $65 is marked up to $70.20. What is the percent of markup?
3) An MP3 player that sold for $235 was on sale for $202.10. What was the percent of discount?
4) At the end-of-summer sale, an air conditioner that originally sold for $310 was discounted
21%. What was the sale price?
5) Because of an increase of 8% in wholesale prices (the price the store pays the manufacturer),
a shoe store had to mark up its new stock by the same percent. What was the new price of a
type of shoes that had previously sold for $24.50?
6) A department store has a sale on scarves. The sale signs say, “20% off!” If I save $4.60 when I
buy a scarf, was was its original price?
7) A pair of jeans that originally cost the store $40 was marked up 50%. During a sale, the same
pair of jeans was discounted 50%. What was the sale price?
8) Which of the following situations will produce a lower final price on a given item? Explain
your reasoning. (Hint: Imagine the item’s original price is $100.)
a. The item is marked up 30% and then discounted 30% of the new price.
b. The item is discounted 30% and then marked up 30% of the new price.